Imgur received $20 million from an ex-Ripple CTO’s micropayments startup. Major image hosting platform and meme site Imgur received $20 million from micropayments startup Coil, according to a press release published on June 26 Per the release, as part of the partnership between the two companies, the founder and CEO of Coil and former CTO […]
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Live streaming startup YouNow has filed a public offering with the U.S. SEC to allow users to compliantly earn tokens. Live streaming startup YouNow, which created the decentralized digital video ecosystem Props in 2017 and is backed by Union Square Ventures, has filed a public offering with the United States Securities and Exchange Commission (SEC) […]
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Ethereum-based decentralized video streaming startup Livepeer announced that it raised $8 million from institutional investors. Ethereum (ETH)-based decentralized video streaming startup Livepeer announced that it raised $8 million from institutional investors in its Series A funding round in a Medium post published on June 17. Per the announcement, the startup will use the newly acquired […]
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A blockchain/AI platform for insurance claims by BlockClaim has received about $627,000 in seed funding. Insurance tech firm BlockClaim has recently received £500,000 ($627,000) in funding for its blockchain-based claims solution, according to an official blog post on June 17. The firm raised the funds from venture capital firm Amadeus Capital Partners and software firm […]
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South America’s major e-commerce network is reportedly a partner on Facebook’s cryptocurrency project South American online marketplace Mercado Libre is working with Facebook on the social network’s Libra cryptocurrency project, Cointelegraph Brazil reports on June 14. A MercadoLibre executive told Cointelegraph Brazil that the purported cryptocurrency will be integrated into the e-commerce platform as a […]
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Bitcoin is reportedly producing as much carbon emissions as Kansas City, while Facebook gets some new backers for its crypto project. Top Stories This Week CCN casts doubt on shutdown plans as Google appears to correct visibility Cryptocurrency news outlet CCN (formerly CryptoCoinsNews) is apparently not going through with its total shutdown, as reported earlier […]
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Social media platform Facebook has reportedly secured support from dozens of players in the cryptocurrency and blockchain sector for its forthcoming digital currency. Social media platform Facebook has reportedly secured support from dozens of players in the cryptocurrency and blockchain sector for its forthcoming digital currency. The overall roster was announced by technology-focused media outlet […]
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Visa, Mastercard, PayPal, Uber and others have allegedly each invested around $10 million in the governance consortium. Facebook has allegedly sealed backing from over a dozen firms that include Visa, Mastercard, PayPal and Uber for its soon-to-be-unveiled cryptocurrency project. The news was reported by the Wall Street Journal (WSJ) on June 13. Source ostensibly familiar […]
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Top cryptocurrencies have made minor gains on the day, and are mostly trading sideways. Thursday, June 13 — Top cryptocurrencies bitcoin (BTC), ether (ETH), and ripple (XRP) are all still in the green, seeing minor gains since yesterday. The market as a whole is mostly trading sideways. Market visualization. Source: Coin360 Bitcoin broke $8,300 today, […]
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A tough crypto regulatory stance has not discouraged Korea’s largest companies from investing in blockchain. Unlike in other countries, where startups are at the heart of blockchain development, the South Korean blockchain landscape has “chaebols,” large, family-owned business conglomerates in Korea, at its heart. Just about every month, reports and announcements of large South Korean […]
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